The enterprise in Tauá, Ceará, will be inaugurated on Thursday by businessman Eike Batista. ‘The sun that used to punish us is now a benefit,’ said the mayor of the city, Odilon Aguiar.
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A cooperative of artisans from Minas Gerais exports items made of recyclable materials to five different countries and gained space domestically and abroad by investing in the design of its creations.
In a report on the country, the International Monetary Fund hails government measures taken to keep the economy from overheating, but claims that reform is needed in sectors such as social security.
Through its new industrial policy, the government aims to halve the negative result of the Brazilian trade balance for manufactured goods over a four-year span.
Economists state that the country is getting ready to face a probable reduction in economic activity, but reflexes may be felt in commodity exports.
This is one of the industrial policy targets launched on Tuesday by the Federal Government. It forecasts fiscal incentives for industry, reduction of tax burden on exports and support to innovation.
Oil extraction reached 2.13 million barrels per day in June. Natural gas extraction reached 67.3 million cubic metres.
The organisation headquartered in Davos is going to promote a meeting in the United Arab Emirates in October to discuss a ‘Global Agenda’. Among the themes are food safety and financial stability.
Event promoted by Arab Brazilian Chamber and the Export Promotion Agency at the Federation of Industries of the State of Santa Catarina will be broadcast via teleconference to all Brazilian states.
The Brazilian balance of trade recorded a surplus of US$ 3.1 billion in July, as against US$ 1.3 billion in the same month of 2010.
The Arab country has an expressive textile industry and has been expanding sales to Brazil. In the sector, one of the highlights is the production of jeans, supplying European retail chains.
Brazilian fashion industry associations are investing together in innovation and trade promotion abroad. The work involves the creation of a brand for the sector and consultancy services to companies.
The country was visited by 4.2 million people in the first half of this year. There was growth in the number of visitors from many European countries, despite the continent’s dire economic situation.
The savings by the federal, state and municipal governments to cover interest on public debt reached US$ 8.6 billion in June.
